Perhaps you’re planning to set aside some money for a new car, or want to provide a care-free future for your children. Or maybe you simply wish to retire on some tropical island (and let’s be honest, who doesn’t?).
However, after studying all your available options on the market, you probably came to the conclusion that you’re not likely to achieve anything worthwhile. At least not without a substantial initial investment on your part.
While the variety of trading news for the upcoming week pales in comparison with our last overview, there is still enough material to keep a traders around the globe interested. Some notable mentions include m/m Retail Sales Reports from the US and the UK, a CPI m/m report from Canada, a speech given by RBA Gov Lowe and more.
China’s answer to Trump’s large-scale embargo is here, and it bodes nothing good for the citizens of the US. In the words of China’s Ministry of Commerce, import taxes on select US goods are expected to range in rates between 5% to 25%.
August is upon us and, with it, a wealth of information for traders worldwide. Next week, make sure to make room in your schedule for a GDP m/m report from the UK, an unemployment rate report from Canada, a Monetary Policy statement by the Reserve Bank of Australia, a crude oil report from the US, and other notable events.
For the past decade, we’ve all probably heard the words “blockchain” and “blockchain technology” one time too many, much like a broken jukebox that is hopelessly stuck in an endless loop.
And when the cryptocurrencies drastically declined in price last year, we all thought we saw the end of it. Yet companies like Google and Facebook still seem more than inclined to invest millions into blockchain research.
Why is that? To answer that question, we need to start from the very beginning.